Finances high on New Year's agenda
Published On 17 October 2006
Britons are already thinking about the New Year's resolutions they will make at the end of 2006, but no matter how determined they are, few will stick to their plans.Research by IFA Promotion shows 16 million Britons will start 2007 with various resolute plans, but more than half of them will have faltered by the summer.
Of those making plans for the new year, one in five intend to fix their finances.
Spending less and sticking to a budget are the main objectives for 43 per cent of Britons, with 38 per cent intending to dent their debt.
More than a third say they would like to save up for a special purchase such as a car or holiday.
Pension plans and getting on the property ladder are the plans of one in ten Britons.
Karen Barrett, of the IFA Promotion website unbiased.co.uk, says the "all-important question" is whether Brits can turn their good intentions into a "practical reality".
Her advice is for people to set "manageable targets" for their financial situation in the new year.
"By sharing your financial goals with an IFA, you will have a far greater chance of making your goals a reality."
IFA Promotion is committed to highlighting the value and accessibility of independent financial advice to the public.
